Ritholtz Wealth Management Purchases Shares of 800,500 iShares MSCI USA Min Vol Factor ETF $USMV

Ritholtz Wealth Management purchased a new position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 800,500 shares of the company’s stock, valued at approximately $74,238,000. iShares MSCI USA Min Vol Factor ETF makes up 1.3% of Ritholtz Wealth Management’s holdings, making the stock its 16th biggest position.

A number of other large investors have also recently made changes to their positions in the stock. Friedenthal Financial grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1.9% during the 1st quarter. Friedenthal Financial now owns 21,249 shares of the company’s stock valued at $1,971,000 after acquiring an additional 404 shares during the period. Joel Adams & Associates Inc. raised its stake in iShares MSCI USA Min Vol Factor ETF by 19.6% during the 1st quarter. Joel Adams & Associates Inc. now owns 6,463 shares of the company’s stock worth $599,000 after acquiring an additional 1,058 shares during the period. RFG Advisory LLC raised its stake in iShares MSCI USA Min Vol Factor ETF by 4.9% during the 1st quarter. RFG Advisory LLC now owns 5,970 shares of the company’s stock worth $554,000 after acquiring an additional 278 shares during the period. Tranquility Partners LLC lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 5.2% during the first quarter. Tranquility Partners LLC now owns 15,873 shares of the company’s stock valued at $1,441,000 after purchasing an additional 781 shares in the last quarter. Finally, Berman McAleer LLC lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 2.6% during the first quarter. Berman McAleer LLC now owns 28,817 shares of the company’s stock valued at $2,672,000 after purchasing an additional 740 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

USMV opened at $94.86 on Thursday. The company has a 50 day simple moving average of $95.11 and a two-hundred day simple moving average of $94.85. The firm has a market cap of $24.21 billion, a P/E ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $91.02 and a 1-year high of $98.07.

iShares MSCI USA Min Vol Factor ETF Profile

The iShares MSCI USA Min Vol Factor ETF (USMV) is an exchange-traded fund that is based on the MSCI USA Minimum Volatility (USD) index. The fund tracks an index of US-listed firms selected and weighted to create a low-volatility portfolio subject to various constraints. USMV was launched on Oct 18, 2011 and is managed by BlackRock.